Saturday, October 13, 2012

I believe there is a difference between
being poor and being broke that people often do not grasp. Poor
people can also be broke, but to be broke does not make you poor. To
me a poor person is simply a person who makes very little money. If
they live within their means, then they may be poor but they are not
broke. I have never been broke, even when I was extremely poor. A
broke person can make any amount of money but finds themselves over
their heads in debt and bills and cannot make ends meet.

The reason I think the distinction
needs to be made is that often when broke people hear a politician
say he “is going to help the poor” they assume the politician is
talking about them because they are broke. However, the politician
has no intention of helping broke people. In fact they love broke
people, these people are the ones who are in debt slavery and will
desperately try to earn more money to pull themselves out of debt but
will be hampered by ever higher tax burdens.